subject
Business, 19.07.2019 19:10 joelpimentel

Plants galore operates a commercial plant nursery where it propagates plants for garden centers throughout the region. plants galore has $ 5.25 million in assets. its yearly fixed costs are $ 668 comma 500, and the variable costs for the potting soil, container, label, seedling, and labor for each gallon-sized plant total $ 1.20. plants galore's volume is currently 490 comma 000 units. competitors offer the same quality plants to garden centers for $ 3.70 each. garden centers then mark them up to sell to the public for $ 8 to $ 9, depending on the type of plant. read the requirements requirement 1. plants galore owners want to earn a 12% return on the company's assets. what is plants galore's target full cost? calculate the target full cost for plants galore. select the formula labels and enter the amounts. revenue at current market price $1,813,000 less: desired profit 630,000 target full cost $1,183,000 requirement 2. given plants galore's current costs, will its owners be able to achieve their target profit? show your analysis. calculate plants galore's current total full cost. select the formula labels and enter the amounts. current variable costs $588,000 current fixed costs 668,500 total full cost $1,256,500 plants galore's current total full costs of $ 73500 is will not its target full cost. plants galore ▼ meet the owner's profit expectations.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:10
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
Answers: 3
question
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
question
Business, 22.06.2019 02:40
The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19
Answers: 3
question
Business, 22.06.2019 12:30
Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?
Answers: 1
You know the right answer?
Plants galore operates a commercial plant nursery where it propagates plants for garden centers thro...
Questions
question
Chemistry, 30.11.2020 22:50
question
Physics, 30.11.2020 22:50
question
Chemistry, 30.11.2020 22:50
Questions on the website: 13722367